ETH/USD Outlook: Ethereum Targets 2,770 USD as Support Holds Near 2,150 USD 
FxWirePro: GBP/USD biased higher but rally currently stretched 
FxWirePro: USD/ZAR recovers slightly but trend is still bearish 
FxWirePro: USD/CAD recovers slightly but bearish outlook persists 
FxWirePro: USD/CNY partially recovers early session losses 
FxWirePro- Major European Indices 
FxWirePro: EUR/AUD under pressure as key support gives way 
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path 
U.S. Pushes for Crypto Regulation to Keep Digital Asset Growth at Home 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone 
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets 
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish 
BTCUSD pared some of its gains as US and Iran negotiations failed. It peaked at $73832 on Apr 11th and is currently trading at about $70856.
|
Technicals |
CMP -$70856 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$70715 |
CMP> 55 EMA |
Bullish |
|
200- EMA |
$69873 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$71504 |
CMP< 365 EMA |
Bearish |
Major support- $64000/$60000/$52500/$50000. Minor bullishness only above $73200. Any break above targets $74500/$76200/$80000/$85500.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Neutral |
2.74 |
|
ADX |
Neutral |
|
It is good to buy on dips around $70000 with SL around $67000 for a TP of $80000.
